Over the course of time, the rental markets change. Part of being a smart investor is recognizing a changing trend and making sure that you are following along. A rental unit that is priced too high will not rent, or take longer to rent. A rental unit priced too low means that you are leaving money on the table, each and every month. Determining the market rental rate before listing an apartment rent is an important skill for any investor, but how are market rates determined?
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